First Time Ever, The Top 1% Own More Than Half The World’s Wealth

| November 14, 2017

The top 1% of global wealth holders started the millennium with 45.5% of all household wealth. This share was about the same until 2006, then fell to 42.5% two years later. The downward trend reversed after 2008 and the share of the top one percent has been on an upward path ever since, passing the year […]

Japan Continues Down The Wrong Road Concerning Nuclear Radiation Levels At TEPCO Fukushima

| December 7, 2013

We had a feeling that the TEPCO’s Fukushima nuclear accident would have a life of its own…….and so it goes! NHK World News reported today that TEPCO said radiation levels are extremely high in an area near a ventilation pipe at the crippled Fukushima Daiichi nuclear power plant. TEPCO found radiation of 25 sieverts an hour on a duct, […]

Babys Are(n’t) Us….U.S. Birthrate Hits Record Low

| November 30, 2012

Pretty stunning news…..and what does this mean, it means slow or no growth in the economy for many many years.  Oh, and the chart below explains how much government assistance the baby boomers are reliant on, and it becomes worse with the working population slowing, not growing.  The U.S. birthrate fell to a record low last year, coming in […]

The European Predicament

| January 22, 2012

Yep, looks sort of like the European currency and economic predicament….half way over the edge but confused and still thinking everything’s going to be OK!  Hmm…So far, so good! 

The Real Picture Of Unemployment

| December 5, 2011

A picture is worth a thousand words, especially on this subject! Rutgers University Working Paper Categorizing the Unemployed by the Impact of the Recession By Dr. Cliff Zukin, Dr. Carl E. Van Horn, and Charley Stone In August 2009, the John J. Heldrich Center for Workforce Development at Rutgers, The State University of New Jersey […]

Doubling Down On A Bad Hand

| July 21, 2011

Bad seats, hey buddy! Leaders of the Eurozone announced a huge new financial bailout package for Greece on Thursday, doubling up the amount of loans originally agreed upon ……The 17 EU nations that use the euro,  offered Athens $157 billion in new loans, a nearly identical aid package to last year.  

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